2024 TRY to PYG Historical Review

YEARLY HIGH

247.2106 PYG

YEARLY LOW

220.5992 PYG

YEARLY AVERAGE

230.0344 PYG

2024 TRY to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 247.2106. Conversely, the yearly low was recorded on December 31, dropping to 220.5992.

This high-to-low spread represents a total annual volatility of 26.6114 PYG. From a start-to-finish perspective, comparing the January average rate of 241.9954 to the December average rate of 223.0281, the exchange rate registered a net change of -7.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 247.2106 was down 37.67% compared to the 2023 peak of 396.6172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 12,360,529 PYG

2023 Average 15,772,394 PYG

Yearly Trough Low 11,029,958 PYG

Transaction Impact: A difference of 1,330,571.07 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

243.8922

221.1314

JanuMarcMayJulySeptNove

TRY to PYG Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 233.1033, compared to 226.9655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1378 points.

H1 Avg (Jan–Jun) 233.1033

H2 Avg (Jul–Dec) 226.9655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 7.8497 PYG (High: 247.2106 / Low: 239.3608). On the other end, May was the most stable month, with a tight range of 3.5531 PYG (High: 234.2800 / Low: 230.7269).

January Spread (Volatile) ±7.8497

May Spread (Stable) ±3.5531

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 8.3335 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.3335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 241.9954) against the same month in 2023 (average: 392.7541), the exchange rate shifted by -150.7587 (-38.39%).

2024 Avg (January) 241.9954

2023 Avg (January) 392.7541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	247.2106	239.3608	241.9954
February	240.1606	233.2334	236.4875
March	232.8051	225.2881	228.1540
April	230.6792	226.2696	228.5636
May	234.2800	230.7269	232.4347
June	233.9131	228.6896	230.9845
July	231.4523	227.2036	229.3155
August	228.3070	221.4632	224.9356
September	229.3570	225.5988	227.8219
October	233.8467	227.4066	229.7768
November	230.1886	224.4050	226.9152
December	225.4567	220.5992	223.0281